US chocolate maker Hershey is culturally a good match for Cadbury, the British confectioner’s chief executive said.
Todd Stitzer told the UK’s Financial Times that the ethical values of the US brand tied in with Cadbury.
Hershey and Italian peer Ferrero said Wednesday they were considering bids for Cadbury, in a move which whipped up a take-over war with Kraft Foods.
Recent Posts:
- Chinese prop-up luxury market
- Bust up over bank reforms
- Bust up over bank reforms
- The shoe is on the other foot
- It is your problem
